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ZIP Code · AZ

ZIP 85007

Part of Phoenix, AZ
Pop. 13,575·Maricopa County·158th most expensive ZIP in Arizona
Median rent (all units)
$1,375/mo
Year-over-Year
+1.9%
Month-over-Month
+0.8%
vs US Median
-$590
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 85007 · $1,375
More affordable than 82% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,190
1 BR
$1,300
2 BR
$1,530
3 BR
$2,070
4 BR+
$2,350
Research median
$1,530/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$16,500/yr
At $1,375/mo median
Location
StateAZ
CountyMaricopa County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.9% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 85007 (Phoenix, AZ) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 26.4% of residents hold a bachelor's degree or higher.

Population
13,575
Median income
$63,616
Median age
34.5
Renters
54.2%
Age distribution
26.8%
23.7%
27.7%
Under 1826.8%
18–3423.7%
35–5427.7%
55–6410.2%
65+11.6%
Gender
52.6%
47.4%
Male52.6%
Female47.4%
Race & ethnicity
35.7%
54%
White35.7%
Black9.2%
Hispanic54%
Asian2%
Education (25+)
21%
27.5%
25%
26.4%
No HS diploma21%
HS diploma27.5%
Some college25%
Bachelor's+26.4%
Housing tenure
45.8%
54.2%
Owner45.8%
Renter54.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 85007 in Phoenix, AZ has changed in 5 years

Income
$43,716 → $63,616
up 45.5%
Population
14,169 → 13,575
down 4.2%
Renter share
60.6% → 54.2%
-6.4 pts
Bachelor's+
23.9% → 26.4%
+2.5 pts
Median age
32.8 → 34.5
+1.7 yrs

Census figures show median household income at $63,616 today, compared with $43,716 five years earlier. The population has contracted by 4.2% since 2021, moving from about 14,169 residents to roughly 13,575. Renters now make up 54.2% of households, compared with 60.6% five years ago. College-educated residents now make up 26.4% of adults here, versus 23.9% in 2021.

Community

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Local insights

Tips for renters in ZIP 85007

About renting in ZIP 85007

Last updated: July 20, 2026

ZIP code 85007 covers Phoenix, AZ. The median rent here is $1,375/mo as of July 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,530/mo.

At 26% of local median household income ($63,616/yr), ZIP 85007 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85007?

As of July 20, 2026, the median monthly rent in ZIP 85007 (Phoenix, AZ) is $1,375. This is based on aggregated data from public sources and community submissions.

How does ZIP 85007 rent compare to the US average?

ZIP 85007's median rent of $1,375/mo is $590 (30%) below the US national median of $1,965/mo.

How does ZIP 85007 compare to other ZIPs in Arizona?

ZIP 85007 is among the more affordable ZIP codes in Arizona, ranking #158 out of 185 ZIPs at $1,375/mo.

How much income do you need to rent in ZIP 85007?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,375/mo in ZIP 85007. The local median household income is $63,616/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85007?

Rent in ZIP 85007 has increased 1.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 85007 an affordable place to rent?

ZIP 85007 is considered affordable for renters. At $1,375/mo, rent takes approximately 26% of the local median household income ($63,616/yr). The standard benchmark is 30%. ZIP 85007 falls comfortably within that range.

What percentage of ZIP 85007 residents rent vs. own?

According to Census data, approximately 54.2% of ZIP 85007 households are renters, while 45.8% are owner-occupied. With a majority renter population, ZIP 85007 has a strong rental market.

How does ZIP 85007 compare to the rest of Phoenix?

ZIP 85007 is more affordable than Phoenix overall. At $1,375/mo, it's $194 below the Phoenix citywide median of $1,569/mo.

When was rent data for ZIP 85007 last updated?

Rent data for ZIP 85007 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,375/mo, rent takes ~26% of ZIP 85007's median household income ($63,616/yr). The standard benchmark is 30%.

ZIP 85007 26%Benchmark 30%
State income tax2.5%
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Schools nearby

Public schools near ZIP 85007 (Phoenix, AZ)

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